COMMERCIAL.

Taranaki Daily News, 13 May 1922, Page 5

COMMERCIAL.

SOUTHERN MARKETS. By Telegraph. —Pr -s* Association Christchurch, Last Night. Oats are still showing it weakening tendency. Farmers are offering practically nothing, and any business doing is restricted to merchants. Quotations are from 2s 6d to 7d for A grade Gartons at country stations, and 2s 2d to 2s 4d for B’s. Algerians, which have been moving to some extent, are Quoted at 2s to 2s 4d. Cocksfoot is firm. Sales of dressed have been made at B%d per lb., equal to about 5%d per average. Farmers' undressed cowgrass is in firm Inquiry at lOd to 12d. Some sales of particularly good farmers' undressed seed have taken place at over the latter figure. Dressed cowgrass has been traded at 135 s per cwt. (Is 2%d per lb.).

Peas are firm up to 8s at country stations. White clover Is quoted fi'om Is 3d to Is sd. Potatoes have eased, and sales have actually taken place at 77s 6d f.o.b. sacks in, a shade less than £3 to farmers. Few offers are being made at this price by growers, who prefer to leave them in bags in the ground where possible, or in pits. North Otago production is moving southwards, the southern crop being disappointing, so that a long view of the position is that an iui • provement anay take place later. The present depression of prices is due solely to the over continuous supply. At the moment quotations are from £2 17s 8d to at country stations.

Fowl feed receded In price, and is now quoted at 4a Gd to 4a 9d f.o.'b. sacks in.